Shares of Kandi Technologies Group, Inc. (NASDAQ:KNDI - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.54 and traded as low as $0.99. Kandi Technologies Group shares last traded at $1.00, with a volume of 144,729 shares trading hands.
Kandi Technologies Group Trading Up 1.0 %
The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.55 and a current ratio of 3.26. The stock has a market cap of $86.93 million, a P/E ratio of -12.63 and a beta of 1.37. The company has a 50-day simple moving average of $1.11 and a 200-day simple moving average of $1.53.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Kandi Technologies Group stock. Virtu Financial LLC bought a new position in shares of Kandi Technologies Group, Inc. (NASDAQ:KNDI - Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 38,025 shares of the company's stock, valued at approximately $78,000. Hedge funds and other institutional investors own 3.66% of the company's stock.
About Kandi Technologies Group
(
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Kandi Technologies Group, Inc engages in designing, developing, manufacturing, and commercializing electric vehicle (EV) products and parts in the People's Republic of China and the United States. It offers also off-road vehicles, including all-terrain vehicles, utility vehicles, go-karts, electric scooters, and electric self-balancing scooters, as well as related parts; and battery packs and smart battery swap system.
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